The cost of this residential plot with breathtaking views in Monchique is €125,000. This generous 5480m² land is located in Alferce, offering a serene countryside atmosphere along with stunning hill views. Previously approved building plans for a two-bedroom house mean you can start planning your ideal home right away. With mains electricity already in place and a licensed borehole, this plot is ready for development. It's a perfect opportunity for those looking to invest in a quiet area close to vibrant local amenities. Monchique, just a short drive away, has charming markets and restaurants to explore, enhancing the lifestyle appeal of this location. The plot faces east, inviting plenty of sunlight throughout the day, which is ideal for gardening or outdoor enjoyment. For serious buyers seeking a piece of the Algarve, this is an opportunity not to be missed. Reach out now for more details and to secure your investment!
• Plot size 5480m²
• Previously approved construction size 121m² with option for 240m² with basement
• The price includes the plot only, not the construction of the building
• Licensed borehole in place
• Mains electricity in place
• Licensed within the building plan to install a septic tank -this would need to be reapplied for
• Easy access with a driveway from the road
• 37km to south coast beaches
This plot is fertile with large flat terraces. The ruin faces east in an elevated position giving all day sunshine.
As the plot is surrounded by agricultural land with medronho trees it is a low fire risk area.
It can be reached from two different directions and is only about a 10-minute drive to the town.
Plans of the lapsed construction approval are available but as a new owner would have to reapply it is a good opportunity to change the design if required.
Please note that while it is very likely to get plans approved it is not guaranteed. An interested person would have to check with the town hall.
Amenities
• Mains Electricity
• Borehole
Location
10km to Monchique with all amenities including fresh market and restaurants
37km to south coast beaches
32km to golf course
87km to Faro airport
